2024.015 release information

Pending releases

Release date: 1/10/2025

1065 Partnership

Federal updates

The
IRS
will begin accepting e-file submissions for the 2024 tax year on Wednesday, January 15, 2025. Any federal and state e-file submissions made before this date will be held and processed on January 15th.
Louisiana
will begin accepting e-file transmissions for the 2024 tax year on Tuesday, January 21, 2025. Any Louisiana tax returns submitted before this date will be held and filed on January 21st.
Form 8886
: We added a system default to print Forms 8886 with Schedule K-1.
Credits
: We added IRS8936 and IRS8835 to federal schema version 2023v5.3.
Form 3800
: We modified Part III Line 4a to flow information directly from Form 3468.
Form 8308
: We added redaction to beneficial owner identification.

State updates

Alabama (tax year 2023)
: We updated business rules and schema to prevent e-file reject ALPPT-047a.
Maine
: We increased the partner name length for Schedule K-1 package print.
Maryland (tax year 2023)
: We corrected the estimated payment dates in the state e-file.
North Carolina
: We updated print suppression for Schedule NCK-1 to ensure the state schedule prints when you have only selected to suppress Federal Schedule K-1.

1120 Corporate

State updates

New Jersey (tax year 2023)
  • We updated the New Jersey CBT-100S, page 1, line 2b Minimum Tax Calculation.
  • We updated New Jersey CBT-100, Page 12, Form 500, section B, line 1a so that it does not duplicate year end dates.
  • We added New Jersey CBT-100U, Page 2 Disregarded entity element to the e-file XML
Pennsylvania (tax year 2023)
  • We added years 2021 and 2022 to Pennsylvania RCT-103 NOL Organizer.
  • We updated Pennsylvania REV-798, Schedule X, Statement 1 print so it includes all items on the form.
South Carolina (tax year 2023)
We updated e-file so that a South Carolina Electronic Filing Estimates on SC1120CDP diagnostic doesn't generate when it's not needed.
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